MLchartDataset catalogue

Loss in Progress

Term · Insurance and risk management · MLC-T-INS-000128

A loss that is already in progress as of 12:01 a.m. on the first day of the policy term; or, as to any increase in the limits of coverage which is requested, a loss that is already in progress when the additional coverage is requested.

Table 1. Record
IdentifierMLC-T-INS-000128
FieldInsurance and risk management
SubjectNational Flood Insurance Program
ReferencesFloodSmart Flood Insurance Glossary; FEMA Glossary
Record as JSON 
{
  "id": "MLC-T-INS-000128",
  "term": "Loss in Progress",
  "field": "Insurance and risk management",
  "definition": "A loss that is already in progress as of 12:01 a.m. on the first day of the policy term; or, as to any increase in the limits of coverage which is requested, a loss that is already in progress when the additional coverage is requested.",
  "subject": "National Flood Insurance Program",
  "references": [
    "FloodSmart Flood Insurance Glossary",
    "FEMA Glossary"
  ],
  "url": "https://mlchart.com/terminology/insurance/loss-in-progress/"
}

Record 128 of 272 in Insurance and risk management terminology (MLC-0106). Request the full dataset.